NMR 6.25% 3.0¢ native mineral resources holdings limited

djc broker update 21c per sahre price target, page-15

  1. 2,353 Posts.
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    leonidis

    Still here mate - and yes still holding (how boring of me!). Talk about world's most boring investor/trader!

    Love the harpoon quip!

    Just parked myself to read through the last few days volumes of NMR HC posts.

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    As for lack of bsh posts this week... just been extra busy at present. All the usual hoo-hah - then more than a few last minute extras that have cropped up....

    OS visitors, work gone crazy, send-offs for a few mates etc...

    ... all good times - but between work and play, have been running on a few hours of sleep most days - so pillow has priority over HC when there has been a gap (said while typing at this stupid hour!)

    Tomorrow hope to have a little look through all the clamour and carry-on and have a bit of a ponder on NMR.

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    Traders all over this one at present - and why not if you can get it right - its still moving with decent volume every day and week. Whether the motive is purely $$ (more likely for many at this level?) or building a nice free-carried position - this has been a trading gem for many.

    Looks as though NMR needs some time to settle the market cap/ SP ... and could do with some news out of Botswana to settle a few retail trader nerves too. No doubt the world will force Botswanas hand in this matter soon enough (for better or for worse).

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    Nimrodel Phase 1 South Takatokwane results seem very positive it would seem. Will be picking "the announcement" to bits as best i can and seeing what links/hints to past NMR announcements i can find as schedule eases back.

    I can't help but think NMR are trying to tell us all is well with the scoping study. i reckon there is something to this new coal they just confirmed that they are happy about - just can't put my finger on it (wild assumption there.....). There have been a few hints - just gotta get my thoughts together.

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    SP another matter - frustrating to see it "sold down" quite hard, and yes leonodis - cap raising/issues are a real concern on these specs for me too. Really did think it might have been given some extra legs from Phase 1 findings. Just go to wait and see.

    Worth noting, that November cheapo shares were announced well before the Nov 16th JORC though - punters had plenty of warning.


    Also i say "sold down" - as I have my own theories and opinions on this too - bigger fish vs little fish and stop losses etc etc.

    Not to mention little fish vs little fish and stop losses etc etc! - possibly an even worse combination for short term SP appreciation!

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    Will be back...

    Good the see so many of the Nov Dec crew still here!

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    yadda, yadda,yadda, blahh,blahhh!!!!

    DYOR

    bsh
 
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